Key points covered in this episode:
Serial entrepreneur Erik LaPaglia has been in the crypto market since 2014. “I had a lot of friends who said to go all-in when all I wanted was just to dip my toe in. True enough, I made some investments, and I did very, very well. Those same friends are living in 20 million dollar mansions on the water and flying their private jets. And so, when I saw what was happening in NFTs, I knew that this was the massive inflection point around cryptocurrencies that I would not miss.”
The best illustration Erik shares with those uninformed is that the Internet is to websites the same way crypto is to NFTs. “The internet is just this amalgam thing. But websites are what we access it through.”00:05:59
It can really get interesting is when we look at tokenizing real estate, or we look at adoption at the corporate level for smart contracting and building that functionality.
Understand how the only difference between Third World and developing nations is proof of ownership when NFTs levels the playing field for that.
A word of caution and advice: if you don’t come up with how to incorporate NFTs for your business, your competitors will take the lead, and you’re not going to be able to catch up.
In the next three years, We’re going to be so surprised in all the ways, and NFTs are infiltrated in our daily life.
Learn more aboutOpenSea and how you can create your own store there. OpenSea right now is the 800-pound gorilla in the space who knows where the future will lie. “I can’t think of a multibillion-dollar company and has only 57 people on their team. Their future is very, very bright by all, by all outward appearances.”
The power of the blockchain, why the banking system is being turned upside down and decentralized for a reason to protect us.
If you’re seeing investment strategists and billionaires get interested in the crypto space like Paul Tudor Jones and Ray Dalio — it’s time to pay attention.
One of the biggest adoption curves that will happen in the next six to 12 months is actually in the music industry.
